Ashurst advised Charterhouse Capital Partners LLP on the acquisition of Sagemcom from The Carlyle Group.

Sagemcom is a leading European group on the high added-value communicating terminals market (set top boxes, internet boxes, electricity meters, etc.) that is based in France. Under the aegis of Carlyle, Sagemcom has managed to significantly expand its core business. The group has strengthened its international exposure, especially in Latin America and North America, and has developed its activity of smart electricitymeters while securing significant market share in the current and future deployments in Europe. Sagemcom keeps on investing in R&D to remain an actor of advanced and innovative technologies.

The Ashurst Paris team was led by corporate partners Guy Benda and Nicolas Barberis, assisted by associates Julien Rebibo and Mathieu Retiveau on the corporate aspects. Partner Laurent Mabilat , assisted by Counsel Amanda Bevan and associate Margaux Baratte advised on the financing aspects of the transaction. Partner Julien Bacus, assisted by associate Aurelie Bonnet advised on derivatives aspects. Partner Michael Cousin, assisted by associate Fanny Giroud advised on the competition aspects.